Sanctuary Cove Marina is expanding its superyacht berths in the lead up to the Brisbane Olympics in 2032.
Work has begun on the addition of 25 new berths in total in the northern section of the marina basin with 10 x 30m berths, 15 x 18m berths and 18 jet ski docks.
Once the work is complete, there will be 63 berths for superyachts across the marina.
Superior Jetties has been contracted with construction expected to be completed later in 2023, with the new Pier to be shown at the Sanctuary Cove International Boat Show in May 2025.
The Sanctuary Cove Marina forms part of marina operator Mulpha’s broader investment in the InterContinental Sanctuary Cove Resort, Marina Village, Country Club and the Sanctuary Cove Residential Estate.
“Our ongoing investment in the marina is crucial to our strategy to cater for the growing demand for world class berthing, leisure and hospitality facilities that make Sanctuary Cove Southeast Queensland’s premier lifestyle and leisure destination,” said Mulpha CEO Greg Shaw.
As we rapidly approach the 2032 Olympics, we anticipate that demand, particularly for larger yachts, will continue to build.
Greg Shaw
“Occupancy rates across the Gold Coast remain high and we are seeing increasing demand for larger boats as evidenced at the recent Sanctuary Cove International Boat Show. Strong sales by our exhibitors at recent boat shows also means that there will be ongoing arrivals of newly manufactured larger vessels over the coming years”.
Greg added: “As we rapidly approach the 2032 Olympics, we anticipate that demand, particularly for larger yachts, will continue to build. This makes it imperative that we continue to plan and build premium quality berths for the Australian and International market.”
And Steve Sammes, marina general manager explained that demand from larger vessels on the coastline has continued to increase.
“Southeast Queensland’s Gold Coast is now globally recognised as Australia’s major marine industry hub and cruising destination for superyachts,” he said.
“Pier C was completed at the end of 2022, with 31 berths from 18m to 25m and is currently fully occupied with permanent customers. The proposed 30m berths will also cater for vessels transiting south from Asia and up and down the Australian coast.”
